Member Info for G_G_G

Also agree the sp action here is bizarre. Market peers are well up in the past 2 sessions. Makes zero sense with all the good news the past week.

Have they reduced their share or has it been reduced by the Winter merger? People often making this mistake. Mexican is a billionaire btw, and quite a big one.

The Fed is going to cut interest rates for the first time next week, which will be supportive of poo. And if they go deep it should give it a shot in the arm. My estimate is 5-10%. And this doesn't even take into account the paper traders who are f@cking with poo. Fundamentals are pointing to the bull case. Traders just need a reason to change direction of sentiment and when they do it will give an additional 5% to poo. My guess is $75-80 for 0.25% rate cut, and $80-85 for a 0.5% rate cut. My guess is the Fed will go for a .25% cut and push harder after the election. Any economist in their right mind doesn't want Trump in power.

Imo HBR will move up sharply to the 290-300p range in the next 2 weeks. It should be above 300p now so I don't foresee much resistance if Brent regains $75. AIMHO GLA

Plenty of time for a counter Nomadic. Reckon it could go to the wire. Still think 15p is what will get an offer over the line. GTE in no position to give raise more debt or add more shares to beat this number.

What's your sp prediction Johno if we generate 20mmcf per well?

Good enough Johno. So first gas in 2-3 weeks (if timings guidance is met). And production rates likely mid October. Really hope they don't f@ck things up. How are you feeling about TXP pulling everything off?

Ffs. I really do hate getting my entry wrong by an hour. Interesting that HBR has fallen when peers have jumped by up to 8 today.

Well that's me in for 45k at 260p.

Cannot see poo going down as many of the traders have been saying of late. We'd need a recession the likes of 2008 for it to drop much further, and that simply isn't the state of play at the moment. There is however significant upside given physical v paper market disconnect. And, if we get a 0.5% IR cut next week then watch poo re-bound hard.

Biggest catalyst for sp here is Linda saying that HBR is moving HQ to the US inc re-listing. Best way to tell the UK government to go f@ck themselves. And to look after shareholder interests. Reckon she is going to do it as well. Just a matter of time.

If this goes any lower I'll add more up to 100k shares.

How many weeks after confirmation of hook-up do you expect news on flow rates Johnno?

Still drop in to check on things BBB. Not sure you got my last post - according ii and Hargreaves I should receive the divi in a few days. Seems getting out at 40p on ex-divi day was the right call to make :) SP is getting silly cheap here now - touched 2 year lows this morning. Very tempted to come back but think there could be a little more weakness in poo in the next week.

If I was leading SQZ I'd say we are a very good fit. We have solid green creds. And I believe we even have more 2P reserves than SQZ. What we don't have is the stupidly big investment (risks) that need to be taken to 1) buy us, and 2) grow production. The geology is known. And when something 'goes down' you don't lose anywhere near the same amount of production. We also have low decline rates. Given what's happening at the moment you want to have low risk but good reward diversification in your p/f. If SQZ try to pull off a HBR style move there's a lot of scope for major issues down the line, especially if concentrating on the f@cked Nth Sea.

Back to no volume penny flipping. With good / great news this could move 50% in less than 4 weeks. Hopefully hook up with production on forecast (or better), and news on new wells being drilled in October. That should do it. GLA

not as convinced mommur on sqz waiting until the budget. they already know the budget is absolute ****e and going to hurt them for the next 4 years. they just don't know how bad its' going to be. at the moment they have an opportunity to swoop for bombed out assets and they're cash rich. the key for them is to diversify overseas. the issue for them is they're !diots who doubled down on the nth sea thinking our government couldn't be so ret@rded as to destroy the uk o&g industry. they're apparently still looking at uk ns assets. mind boggling. this would be the perfect fit for them. easy to swallow cash generator in canada with no debt and blue-sky upside. they should look for someone like us. ideally with a nth american listing, buy and then move hq and listing. it's the only way to put two fingers up to the government, who will deserve it. reckon hbr will be the first major to go this way. any uk o&g companies moving hq and listing will get a 50-100% re-rating almost immediately. say it all about the uk really. gla

yeah it's unfortunate they made a bid just before commodity prices crashed. reckon the likelihood of our other major shareholders approving the deal is going up with every down day in the poo. the odds of an improved offer from gte are dead. i do however believe a counter-offer of 15p will be enough to win the game here. surprised that someone like sqz haven't looked at us. we have no debt. cash generative in a low price environment. safe jurisdiction. we've got some ****ty nth sea assets for their top drawer, and will give them another listing in canada. they could buy us with cash and add substantial noi and reserves to their p/f. they could take us out with zero risk.

three weeks for a counter-offer to land or we end up with 13p at today's value. gla

No, because there's substantial earnings and cash generation. The debt pile is very manageable. And they use it to make acquisitions, rather than diluting existing shareholders. With interest rates coming down quickly in the coming 2 years I see their use of debt as a positive.

Agreed Rivaldo. Important point to note is the statement says 'At least in line with market expectations...', meaning result will in all likelihood be higher. Also, does your eps take into account the 6% BB?

agree an rns in the next week or two will likely be about missing timings. i'm ok for there to be a couple of weeks of creep, but they simply cannot f@ck up the production side of things. this isn't about these 2 x wells, it's about demonstrating understanding of the geology so the market has confidence and belief in their ability to efficiently exploit the known resources. it appears the trin ****show has refocused mgt on casc. they need to keep this focus regardless of whether we pick up the trin assets.

It is Bill.

still time to vote. there's also time for an improved offer, or better still a counter-offer. if another party comes in and bids 15p cash then it's a done deal. either that or a company with a decent balance sheet makes a cash + share offer. gte's balance sheet is a disaster. a pile of stinking **** that only bots would view as a good investment.

Some good sized trades going through today. Shows how fats this moves with a few hundred k of buys. As I've said previously, if good / great news lands and we start having some multi-million volume days (as in the past with good / bad news), then we'll be jumping very, very quickly. Only 3 weeks now until we find out.

Bots, as usual you are wrong. Sell your shares and think yourself lucky that you managed to pick a stock that made you a quick, modest return. I imagine this doesn't happen too often given the garbage you post here.